Thailand: Thai people increase spending on alcohol in Q4 2021

Thai people spent 78.542 billion baht on alcoholic beverages and cigarettes in the fourth quarter of 2021, higher than in the previous year, the Office of the National Economic and Social Development Council (NESDC) said on February 28.

NESDC deputy secretary-general Jinanggoon Rojananan said that there. was a 0.1 percentage point increase over 2020.

The spending on alcoholic beverages in the fourth quarter of 2021 amounted to 49.51 billion baht, up 1.2 per cent quarter on quarter.

Meanwhile, the spending on cigarettes in the fourth quarter of 2021 totalled 29.032 billion baht, decreasing by 2 per cent from the previous quarter.

The increase in consumption of alcoholic beverages was attributed to easing of Covid restrictions, which allowed restaurants to sell alcoholic beverages from December 1 including the New Year Festival.

Overall, the consumption of these products in 2021 was down 1.8 per cent over the previous year because entertainment venues were closed and sales hours were restricted as part of Covid control measures.

01 March, 2022